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US corn gluten meal and corn gluten feed markets were largely unchanged on Tuesday May 5, with trading remaining subdued.
Buyer pushback remains the central theme in the bloodmeal market, even as some sources reported a rise in seller offerings against uneven demand.
Soybean crushers at major commercial crush plants in China processed around 1.62 million tonnes of soybeans in the week to May 1, according to data published by the National Food and Strategic Reserves Data Center (NFSRDC) on Thursday May 7.
After a six-month-long period of stagnation and a downward price movement, the European animal fat prices rebounded in early March and continued to move up through April, supported by increased demand and competitiveness against vegoils, which jumped as a result of the war in the Middle East and crude oil rally.
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